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Started By
Message
re: The incoming crash and inflation - debt
Posted on 5/12/21 at 8:31 am to TigerTatorTots
Posted on 5/12/21 at 8:31 am to TigerTatorTots
quote:
If you think inflation is going to run wild, it is beneficial to have a lot of low interest, fixed rate debt.
FIFY
the low interest does you know good if the interest rate increases to keep up with the increased inflation
1
Posted on 5/12/21 at 8:33 am to iAmBatman
Agreed, fixed rate major KEY
Posted on 5/12/21 at 8:55 am to slackster
MBS rates went down 33bps yesterday and are currently down 25bps. If you want to get a good interest rate, now is the time to lock. Inflation readings this month and next are going to be rough, causing rates to spike. Due to the economy taking time to come back, we should see them decline again in the fall.
And after June 1, all 2nd homes and investment rates will be going up due to Fannie Mae regulations.
And after June 1, all 2nd homes and investment rates will be going up due to Fannie Mae regulations.
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